Trustnet Magazine Issue 42 JULY 2018 | Page 14

THE MONKS INVESTMENT TRUST PLC Your portfolio 12 / 13 Hannah Smith investigates whether a single scheme such as auto- enrolment can hope to solve the many different retirement issues of its vast number of members One size fits all? B MONKS HAS OVER £1.6BN IN NET ASSETS UNDER MANAGEMENT, WHILE ITS ONGOING CHARGE IS A MODEST 0.59%*. THE CENTRE OF YOUR PORTFOLIO. Monks Investment Trust, we believe, could be a core investment for anyone seeking long term growth. It is managed according to Baillie Gifford’s £33bn Global Alpha strategy. As a result, Monks takes a highly active approach to investment and its portfolio looks nothing like the index. The managers group their holdings into four different growth categories – stalwart, rapid, cyclical and latent. This allows for excellent diversification and offers the chance to unearth some of the more interesting companies listed on global stock markets. Please remember that changing stock market conditions and currency exchange rates will affect the value of the investment in the fund and any income from it. Investors may not get back the amount invested. If in doubt, please seek financial advice. If you’re looking for a fund to shine at the centre of your portfolio, call 0800 917 2112 or visit www.monksinvestmenttrust.co.uk A Key Information Document is available by contacting us. Long-term investment partners *Ongoing charges as at 30.04.17. All other data as at 31.12.17. Your call may be recorded for training or monitoring purposes. Monks Investment Trust PLC is available through the Baillie Gifford Investment Trust Share Plan and the Investment Trust ISA, which are managed by Baillie Gifford Savings Management Limited (BGSM). BGSM is an affiliate of Baillie Gifford & Co Limited, which is the manager and secretary of Monks Investment Trust PLC. etween its launch in 2012 and the end of this year, around 10 million people will have been automatically enrolled in a workplace pension. But is the auto-enrolment system working for everyone? W